Porch (PRCH) Acquisitions (2020 - 2023)
Porch (PRCH) posted quarterly Acquisitions of $2.0 million for Q1 2023, down 60.12% YoY from $5.0 million in Q1 2022, and up 21.48% sequentially from $1.6 million in Q4 2022.
Porch (PRCH) Acquisitions (2020 - 2023) Analysis & Trends
Porch has disclosed Acquisitions across 4 years of filings, most recently posting $2.0 million for Q1 2023.
- In Q1 2023, Acquisitions fell 60.12% year-over-year to $2.0 million; the TTM figure through Dec 2023 stood at $2.0 million (down 94.89% YoY), while the FY2023 annual figure was $2.0 million, down 94.89% from the prior year.
- Acquisitions rose to $2.0 million in Q1 2023, from $1.6 million in the prior quarter.
- Over the last five years, Acquisitions for PRCH reached as high as $105.0 million in Q2 2021 and fell as low as $1.6 million in Q4 2022.
- The 4-year median for Acquisitions is $14.5 million (2020), against an average of $30.3 million.
- Annual changes were most pronounced in 2021 — Acquisitions jumped 1159.5% — and 2022, when it slumped 97.91%.
- A 4-year view of Acquisitions shows it stood at $6.2 million in 2020, then jumped by 1159.5% to $77.7 million in 2021, then tumbled by 97.91% to $1.6 million in 2022, then advanced by 21.48% to $2.0 million in 2023.
- According to Business Quant data, Acquisitions over the past three periods registered $2.0 million, $1.6 million, and $5.0 million for Q1 2023, Q4 2022, and Q3 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn | 20.16 Mn |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn | - |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | - |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | - |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn | - |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn | - |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - | 5.46 Bn |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | - |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | - |
| 10 | Porch | 1.70 Bn | 1.56 Bn | 90.85 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 1.97 Mn |
| Dec 31, 2022 | 1.63 Mn |
| Sep 30, 2022 | 4.95 Mn |
| Jun 30, 2022 | 27.10 Mn |
| Mar 31, 2022 | 4.95 Mn |
| Dec 31, 2021 | 77.75 Mn |
| Sep 30, 2021 | 50.80 Mn |
| Jun 30, 2021 | 105.00 Mn |
| Mar 31, 2021 | 22.88 Mn |
| Dec 31, 2020 | 6.17 Mn |